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Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.

Walter E. Williams

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Walter E. Williams
Age: 84 †
Born: 1936
Born: March 31
Died: 2020
Died: December 1
Columnist
Economist
Journalist
Radio Personality
University Teacher
Philadelphia
Pennsylvania
Walter Williams
Walter Edward Williams
General
Increases
Liberty
Symptoms
Economic
Inflation
Money
Prices
Supply
Economics
Rise
Symptom
Increase
Constitute

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Government income redistribution programs produce the same result as theft. In fact, that's what a thief does he redistributes income. The difference between government and thievery is mostly a matter of legality.
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Universities have failed in their function of the pursuit of academic excellence by having dumbed down classes and granting degrees to students who are just barely literate and computationally incompetent.
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The bottom line is that the true test of one's commitment to freedom of association doesn't come when he allows people to associate in ways he approves. The true test of that commitment comes when he allows people to be free to voluntarily associate in ways he deems despicable. Forced association is not freedom of association.
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Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place.
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According to the Institute for International Economics, trade barriers cost American consumers $80 billion a year or more than $1,200 per family.
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The reason why the world's leftists give the world' s most horrible murderers a pass is because they sympathize with their socioeconomic goals, which include government ownership and/or control over the means of production. In the U.S., the call is for government control, through regulations, as opposed to ownership.
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Politicians have immense power to do harm to the economy. But they have very little power to do good.
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Experts and the educated elite have replaced what worked with what sounded good. Society was far more civilized before they took over our schools, prisons, welfare programs, police departments and courts. It's high time we ran these people out of our lives and went back to common sense.
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Legality alone is no guide for a moral people. There are many things in this world that have been, or are, legal but clearly immoral. Slavery was legal. Did that make it moral? South Africa’s apartheid, Nazi persecution of Jews, and Stalinist and Maoist purges were all legal, but did that make them moral?
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In keeping Americans ill-educated, ill-informed and constitutionally ignorant, the education establishment has been the politician's major and most faithful partner. It is in this sense that American education can be deemed a success.
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There are people in need of help. Charity is one of the nobler human motivations. The act of reaching into one's own pockets to help a fellow man in need is praiseworthy and laudable. Reaching into someone else's pocket is despicable and worthy of condemnation.
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The essence of government is force, and most often that force is used to accomplish evil ends.
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We should view our government the way we should a friendly, cuddly lion. Just because he's friendly and cuddly shouldn't blind us to the fact that he's still got teeth and claws.
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A caged canary is safe but not free.
Walter E. Williams
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However, if we wish to be compassionate with our fellow man, we must learn to engage in dispassionate analysis. In other words, thinking with our hearts, rather than our brains, is a surefire method to hurt those whom we wish to help.
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Reaching into someone else's pocket to assist one's fellow man hardly qualifies as charity.
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Government schools can go for decades delivering low-quality services, and what's the result? The people who manage it earn higher pay. It's nearly impossible to fire the incompetents. And, taxpayers, who support the service, are given higher tax bills.
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Economic planning is nothing more than the forcible superseding of other people's plans by the powerful elite backed up by the brute force of government.
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Once Congress establishes that one person can live at the expense of another, it pays for everyone to try to do so.
Walter E. Williams
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There are many farm handouts but let's call them what they really are: a form of legalized theft. Essentially, a congressman tells his farm constituency, Vote for me. I'll use my office to take another American's money and give it to you.
Walter E. Williams